CHICAGO--(BUSINESS WIRE)--UIT Investing™, Inc., a Registered Investment Advisor based in Chicago, Illinois, today announced the launch of the first dedicated unit investment trust (UIT) research platform available to the public.
UIT Investing offers financial advisors, investment advisors, research analysts, and portfolio managers – as well as individual investors – full access to a library of detailed, comprehensive research reports on UIT strategies.
Each report, offered to clients for a monthly subscription fee, will feature an individual 1-5 star rating in each of three categories: 1. performance, 2. risk and 3. expense. The performance and risk categories are rated on three time periods – 3, 5, & 10 years (if applicable). The expense rating compares the all-in expenses of the UIT offering on a fixed scale.
“UITs are an underutilized investment product that don’t receive the exposure and attention that other packaged products like mutual funds, closed-end funds, and exchange traded funds get,” said Randy Watts, an experienced UIT investment expert and co-founder and CEO of UIT Investing. “Nonetheless, the UIT industry is a multi-billion dollar asset industry and numerous advisors who direct their client’s assets into these investments need a place to quickly and easily retrieve detailed UIT information and ratings.”
UIT Investing’s research portal, report format, and proprietary rating system is unique among investment research services. The firm’s research reports provide detailed information about each trust’s investment objective and security selection strategy, and outline the various assets within the trust.
“Our ratings are driven by hard data,” said Watts. “Numbers don’t lie and that’s why we take a quantitative approach to our research. Sponsor fact sheets and offering documents typically include a listing and weighting of all trust securities, but our ratings are what make our research invaluable to UIT investors. Our cutting-edge software and algorithms are geared specifically for analyzing and rating UITs, and our goal is to become the preeminent source for UIT information, analysis, and ratings.”
UIT Investing offers two levels of service. A free subscription (no account required) allows clients to view basic information on UITs, such as a general description of the trust, the trust’s classification, and its investment objectives. Their “Professional” level subscription is fee-based and provides unlimited access to detailed, multi-page reports, as well as the firm’s proprietary ratings of each UIT it covers.
The UIT Investing executive team is made up of Randy and Paul Watts. Randy possesses 12 years of experience in the UIT industry, including stints at both large and small unit investment trust sponsors such as Van Kampen Investments, Matrix Capital Group, Incapital, and Nuveen Investments. Paul has been building technology and leading development teams for nearly 20 years, and has served in executive positions at multiple venture-backed businesses. More information can be found at uitinvesting.com or by emailing firstname.lastname@example.org.
About UIT Investing
UIT Investing, Inc., combines modern technology, specified data, and customized formulas to deliver accurate and reliable analytics of unit investment trusts for investment analysis. Our analytics allow financial professionals and investors to make more informed investment decisions when investing in unit investment trusts.
© 2018 UIT Investing, Inc. All rights reserved. UIT Investing, Inc., a registered investment advisor with this State of Illinois. This material does not constitute an offer to sell or a solicitation of an offer to buy securities. Investors should completely read and understand the product prospectus prior to investing. All investments carry a certain degree of risk and there is no assurance that an investment will provide positive performance over any time period. Past performance is not indicative of future results and should never be relied upon in making an investment decision or recommendation.